Property Details

389 Duke Street, Saint John, New Brunswick, E2M1V4

389 Duke Street, Saint John, New Brunswick, E2M1V4 (ID NB088125)
Representative
JC Realty Team portrait
JC Realty Team

Royal LePage Atlantic Brokerage - Saint John*
Cell: 506-333-4247
Tel: 506-658-6440

$319,500 - For sale

ID#:NB088125

Welcome to 389 Duke Street West! This 4 family offers a solid buildings with some off-street parking. Heated with electric baseboard, this is a solid property that is close to amenities. This building has a nice backyard and has some long-term tenants. Rents are $600(bachelor). $650 (1-bdrm), $750 (2-bdrm) and $770 (2-bdrm). Total rental income $33,240. Approximate expenses water/sewer - $2218, water heater rental - $831, taxes - $3824 and insurance- $ 1400. Approx. total expenses - $8273. Approx. net income $24,967. Rents will be increased to $643 (bachelor), $697 (1-bdrm), $804 (2-bdrm) and $826 (2-bdrm) as of Jan 1/24. Total rental income will be $35,640. This is a great investment building that is well worth a look! (id:2471)

Location DescriptionTop of Duke Street Near Lancaster Ave

Property Details
  • Property Address:389 Duke Street, Saint John, New Brunswick, E2M1V4
  • Property Type:Multi-family
  • Title:Freehold
  • Lot Size:5167 sqft
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
  • Access:Year-round access
Structure Details for 389 Duke Street, Saint John, New Brunswick, E2M1V4
  • Structure Style:Fourplex
  • Total Finished Area:2508 sqft
  • Heating Type:Electric, Baseboard heaters
  • Storeys:2
  • Flooring:Carpeted, Laminate, Wood
  • Basement Type:Crawl space
  • Foundation Type:Concrete
  • Appliances Included:Refrigerator, Stove
  • Rental Equipment:Water Heater
  • Exterior Type:Vinyl
Amenities for 389 Duke Street, Saint John, New Brunswick, E2M1V4 Level lot, Sloping, Landscaped
Representative
JC Realty Team portrait
JC Realty Team
Licensed Commercial and Residential REALTOR®
Royal LePage Atlantic Brokerage - Saint John*
Cell: 506-333-4247
Tel: 506-658-6440
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389 Duke Street, Saint John, New Brunswick, E2M1V4

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